Epic Real Estate Investing - The Hidden Trends in This Year’s Real Estate Market

Starting point is 00:00:00 This is Terio Media. Hey, strap in. It's time for the epic real estate investing show. We'll be your guides as we navigate the housing market, the landscape of creative financing strategies, and everything you need to swap that office chair for a beach chair. If you're looking for some one-on-one help, meet us at rei-aise.com. Let's go, let's go, let's go, let's go, let's go, let's go.

Starting point is 00:00:27 Let's go. Are you ready to navigate the turbulent waters of the real estate? state market. This year's landscape, it's shifting, if you haven't noticed. And if you want to stay ahead, you need to know what's coming next. But first, I've just got to ask, do you want some free money? And that probably should cause some flags to go up. What are you talking about free money? Nothing in life is free. Banks, they don't talk about this much. But if your credit score is 680 or greater with no recent collections or bankruptcies, Chase is offering zero percent interest capital for real estate investments and business. And despite inflation, the high rate,

Starting point is 00:01:00 and recession fears. This program is still available. I don't know how much longer it will be available, but as of right now, it is. And I've secured up to $150,000 for many of my private clients through this, and you can qualify in 30 seconds or less. That's typically a lot faster than that, but I'm just going to say 30 seconds to give us some leeway there.

Starting point is 00:01:21 But don't have to talk to anybody. Don't need to provide your social security number or anything like that, and you can get an answer instantly. You can do all of that at no cost capital. com. No cost capital.com. All right. So today we're diving deep into what you can expect from the real estate market for the rest of the year. There are some significant changes ahead. First, let's talk about mortgage rates. This year, mortgage rates have hit some of the highest levels that we've seen in quite a while, causing many potential buyers to hesitate. A lot of people

Starting point is 00:01:50 sitting on the sidelines. Experts like Logan Motashami from housing wires suggest that while rates may eventually decline, it won't be as soon or as significant as, many of us have hoped. We were promised a few rate reductions this year based on the direction that inflation was going. It was going in the right direction. But we might see some relief by the end of summer, but don't make God it just yet. One of the things I was hoping for it being an election year that typically, historically speaking, the incumbent would make some adjustments to kind of give the economy a boost to make them look more favorable at the time. the polls and based on Biden's performance pretty much universally was disappointing.

Starting point is 00:02:38 That might not happen. I mean, giving the economy a little bit of a boost based on that might not be enough to offset that performance. So I was a little bummed that he did that badly. But we'll see. All right. Just probably not what we thought it was going to be as we were being told at the beginning in the year.

Starting point is 00:02:54 Inflation threw us a few unexpected curveballs. Now, inventory. That's another hot topic. We started 2004 with a slight increase in housing inventory, and we thought we were going to be returning a little bit back to normal. And that was giving us some hope for a more balanced market. However, this growth is still not enough to meet the strong demand from buyers. As a result, home prices are expected to remain high throughout the year. Mike Simmons from Alto's research notes that any dip in mortgage rates, that could actually trigger a surge in buying activity,

Starting point is 00:03:25 leading to even fewer homes on the market and pushing prices up even further. Can you imagine how much higher are we going to go? We're at an all-time high right now. And when you look at that, do you realize that if you purchased property yesterday or any time before then, you've made money in real estate? It always goes up. It's undefeated. Even if you purchased property at the peak in 2008, the day before the market crashed,

Starting point is 00:03:52 you would have still doubled your money if you just didn't sell. Pretty remarkable, isn't it? And for investors, this means a few things. If you're looking to buy right now, be prepared for some competition out there, some potentially higher prices. It's crucial to stay informed and act quickly when opportunities arise. For those of you holding properties, the advice here is very clear. Hold on tight.

Starting point is 00:04:13 Do not let go. With home prices expected to increase your investments are likely to appreciate in value. Likely. Now, they're going to appreciate in value for sure, particularly if those rates come down a little bit and then we get that price search. And if you're considering refinancing, keep an eye on those rates. But don't wait too long to make a move. We don't have a crystal ball.

Starting point is 00:04:32 It could go the other direction. Then you could be trapped into something. But if you're looking to buy, I would also say, don't wait for the rates to come down because now you're going to have greater competition in those prices. We're going to go in the other direction. If you can manage it and you don't over leverage yourself and don't put yourself in any uncomfortable situation, by now while there is still some room for negotiating while the market activity is a little slow.

Starting point is 00:04:54 And then when rates do come down, you'd have already locked in the lowest price you'll probably see. And then you could get the best of both worlds and get the lower rates through a refinance as well. And then to wrap up the real estate market this year, it's all about strategy, really, and maybe to some degree timing, if you have the ability to do that. And while the timing might not be perfect for an optimal cash flowing scenario, consider this, the big money in the market, they're not pulling back. They know you're scared.

Starting point is 00:05:21 taking advantage of that while you sit and wait to see what happens. Names like Blackstone, Jeff Bezos, Lenar and the Toll Brothers. They're all still buying and they're all still building. And those that are building, they're not building to put those on the market and sell. They're building to keep them themselves. And that right there could be the biggest clue as to where the market is headed than any other. I just released a new video on YouTube diving deep into this idea. So if you want to know more, head over to the Epic Real Estate Investing YouTube channel and look for the

Starting point is 00:05:51 latest video, why you will regret buying a house in 2024's housing market. And I promise it's not what you think. All right. That's all I got. And thanks for tuning in. And I'll see you next time. Take care. And that wraps up the epic show. If you found this episode valuable, who else do you know that might too? There's a really good chance you know someone else who would. And when their name comes to mind, please share it with them. And ask them to click the subscribe button when they get here and I'll take great care of them. God loves you. And so do I. Health, peace, peace, blessings and success.

Starting point is 00:06:21 That's to you. I'm Matt Terrio. Living the dream. Yeah, yeah, we got the cash flow. You didn't know, home for us, we got the dash flow. This podcast is a part of the C-suite Radio Network. For more top business podcasts, visit c-sweetradio.com.

Epic Real Estate Investing - The Hidden Trends in This Year’s Real Estate Market

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